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Tag "imf"

Venezuela and Nigeria’s economic crisis: The troubling similarities

    Venezuela and Nigeria’s economic crisis: The troubling similarities

President Bola Tinubu recently declared that he should be included in the Guinness Book of Records for having the guts to remove fuel subsidy on his first day in office—something

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IMF to FG: Phase out fuel, electricity subsidies completely — they’re costly

    IMF to FG: Phase out fuel, electricity subsidies completely — they’re costly

The International Monetary Fund (IMF) has asked the federal government to completely phase out petrol and electricity subsidies in the country. The IMF made the recommendation while advising Nigeria on

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IMF: Nigeria’s inflation rate will drop to 23% in 2024, 15.5% in 2025

    IMF: Nigeria’s inflation rate will drop to 23% in 2024, 15.5% in 2025

The International Monetary Fund (IMF) has predicted a decline in Nigeria’s inflation rate to 23 percent in 2024 and 15.5 percent in 2025. Daniel Leigh, IMF division chief of research

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IMF downgrades Nigeria’s economic growth forecast from 3.1% to 3% in 2024

    IMF downgrades Nigeria’s economic growth forecast from 3.1% to 3% in 2024

The International Monetary Fund (IMF) has reduced its forecast for Nigeria’s economic growth to 3 percent in 2024 — down from a 3.1 percent projected in October 2023. This is

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IMF board approves proposal to increase members’ loan, financial contribution quotas

  IMF board approves proposal to increase members’ loan, financial contribution quotas

The International Monetary Fund (IMF) has approved a proposal requesting a 50 percent increase in quotas for its members. The

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Wale Edun: Tinubu’s reforms widely recognised as key to Nigeria’s economic recovery

  Wale Edun: Tinubu’s reforms widely recognised as key to Nigeria’s economic recovery

Wale Edun, minister of finance and coordinating minister of the economy, says President Bola Tinubu’s policies have been widely recognised

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Edun to IMF: Set up framework to reduce cost of borrowings

  Edun to IMF: Set up framework to reduce cost of borrowings

Wale Edun, minister of finance & coordinating minister of the economy, says he canvassed for a reduction in the cost

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Brain drain in Nigeria will boost remittances, foreign investments, says IMF

  Brain drain in Nigeria will boost remittances, foreign investments, says IMF

Abebe Selassie, the director, African department, International Monetary Fund (IMF), says the Nigerian government can take advantage of the ‘japa’

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IMF to Nigeria: Increase tax revenue for subsidy, monetary reforms to work

  IMF to Nigeria: Increase tax revenue for subsidy, monetary reforms to work

Abebe Selassie, the director, African department, International Monetary Fund (IMF), says Nigeria doesn’t generate enough tax revenues to fund its

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IMF MD: Israel–Hamas war bad for global economy | We’re monitoring impact 

  IMF MD: Israel–Hamas war bad for global economy | We’re monitoring impact 

Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), says the ongoing Israel-Hamas war is bad for the

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